Mistras reported Q4 2024 revenue of $172.7 million, a decrease from the prior year. Despite the revenue decline, net income improved to $5.3 million, with GAAP EPS of $0.17 and adjusted EPS of $0.24. Adjusted EBITDA increased by 9.2% to $20.9 million. The company generated strong free cash flow of $20.8 million, which helped reduce debt levels.
Q4 2024 revenue was $172.7 million, down from the prior year.
Net income improved to $5.3 million, with GAAP EPS of $0.17.
Adjusted EBITDA rose 9.2% to $20.9 million.
Free cash flow of $20.8 million helped reduce debt levels.
Mistras is focused on profitable growth in 2025, with initiatives to enhance margin expansion and optimize cost efficiencies. The company is assessing foreign exchange risks and the impact of U.S. tariffs on operations before providing full-year guidance.
Visualization of income flow from segment revenue to net income